News: Brokerage

Duncan, Coudert and Bermingham of George Comfort & Sons lease 31,000 s/f to Taylor Dance Co.

307 West 38th Street - Manhattan, NY

Manhattan, NY The Paul Taylor Dance Company and George Comfort & Sons finalized an agreement for the dance organization to relocate its headquarters to George Comfort & Sons’ 307 West 38th St. tower in Midtown’s Times Sq. South neighborhood.

Under the terms of the agreement structured as a 30-year leasehold condominium, Taylor Dance Co. will occupy 31,000 s/f across the entire 9th and 10th floors of the 21-story tower beginning in early 2025. The dance company is expanding from its current 13,000 s/f home at 551 Grand St. – more than tripling its overall footprint. The new location will house the company’s offices and studio space, as well as the expanded educational wing of the Paul Taylor Dance Foundation, the Taylor School.

Paul Taylor Dance Company was represented by Jeffrey Rosenblatt of Lincoln Property Company. George Comfort & Sons was represented in-house by president and CEO Peter Duncan, Matthew Coudert and Alexander Bermingham.

Founded by choreographer Paul Taylor in 1954, the Paul Taylor Dance Company has performed in more than 600 cities across 66 countries, from college campuses and rural towns to the world’s leading opera houses and performing arts centers. The Company recently completed its 2023 Lincoln Center Season of iconic Taylor dances, company premieres by current choreographers, and theatrical experiences. Its 2024 touring schedule includes stops in Ohio, Nevada, Florida and several Italian cities.

“Over the course of nearly 70 years, the Paul Taylor Dance Company has grown from a world-class modern dance company built around one of the 20th Century’s most important artistic geniuses to include educational and training programs that bring dance experiences to people of all ages and abilities,” said John Tomlinson, executive director of the Paul Taylor Dance Foundation. “With this planned expansion, we are redoubling our commitment to dance education while also providing our company of outstanding dancers the state-of-the-art studios that will support their work with new choreographers as well as their performance of Paul Taylor’s unparalleled repertory.”

“World-renowned cultural institutions like the Paul Taylor Dance Company are the lifeblood of New York City and a key component to the Big Apple’s enduring allure,” said Duncan. “We are thrilled to be able to accommodate its latest expansion set inside an iconic and thriving Midtown neighborhood.”

Built in 1933 and renovated in 2018, 307 West 38th St. is a 21-story, 300,000 s/f office building featuring floor plates ranging from 7,000 to 20,000 s/f, 11-ft. ceiling heights, natural light on the top floors, seven-passenger elevators and 24/7 access. The building’s retail tenants include Culture Espresso, Nimbus and City Bicycle NYC.  Located only two avenues east of Hudson Yards and four blocks from Times Sq., 307 West 38th St. is situated between Penn Station and the Port Authority Bus Terminal.

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